After Domino’s Pizza’s first-quarter gross sales fell far under projections, the world’s largest pizza chain named a brand new CEO in hopes of turning issues round.
In a Monday press release, the corporate named Joe Jordan, the present COO and president of Domino’s U.S., as CEO efficient October 1. Domino’s present CEO, Russell Weiner, will change into govt chairman.
Jordan has held varied govt roles throughout marketing, innovation, and different departments throughout his 15 years at Domino’s. Most just lately, Jordan was acknowledged for main the relaunch of Domino’s loyalty and e-commerce platforms, and the launch of its international digital market partnerships. In accordance with Reuters, a regulatory submitting reveals that Jordan’s annual base wage could be $925,000, with eligibility for a goal annual bonus of 200% of his base pay.
“Joe is a confirmed chief whose expertise spans just about each side of our enterprise,” mentioned Domino’s present govt chairman, David Brandon. “After a considerate succession planning course of, the Board unanimously concluded that Joe is the precise chief to function Domino’s subsequent CEO.”
“He embodies Domino’s tradition of growing leaders from inside, has earned the belief of franchisees throughout our international system, and is uniquely certified to information the Firm by way of its subsequent part of development,” Brandon added.
A December 2025 report from international management consulting agency Spencer Stuart confirmed that 60% of S&P 500 corporations employed C-suite leaders from inside the group, and 76% of CEOs and 80% of COOs had been inside hires—a sample seen at Domino’s, whose former CEO Weiner was additionally previously COO. Jordan’s deep familiarity with the franchise’s client base may very well be what it must succeed—or maybe Domino’s finally wants a extra disruptive exterior voice to reverse its slide.
With rising labor and ingredient prices and competitors from supply service apps like DoorDash, Domino’s competing legacy pizza chains have struggled, too.
Papa Johns and Pizza Hut have each skilled quarter-over-quarter drops in U.S. gross sales. Final week, Pizza Hut was offered to personal fairness agency LongRange Capital and Yum China for $2.7 billion. Papa Johns additionally just lately introduced it might shut almost 300 underperforming places by way of the tip of 2027. Even fast-casual and dine-in pizza chains have seen a dip in gross sales and shuttered places as a consequence of a closely oversaturated market.
(No phrase but on if this can have any impact on Domino’s beloved order tracker.)
